India’s Electronics Manufacturing Value Addition Surges to 70%, Projected to Reach 90% by FY27

By BPN News Desk April 12, 2025

Business Industry

India’s electronics manufacturing sector is witnessing unprecedented growth, with value addition climbing from just 30% to 70% over the past few years. The sector is now poised to reach 90% value addition by the fiscal year 2026-27 (FY27), signaling a major leap toward self-reliance and global

Business Industry

Gold Prices Hit Record High as Investors Flee to Safe-Haven Assets

By BPN News Desk April 11, 2025

Gold prices have surged to an all-time high, soaring past $3,200 per ounce as investors flee to safe-haven assets amid heightened global uncertainty. The dramatic spike comes in the wake of escalating trade tensions, sharp equity sell-offs, and widespread market anxiety triggered by policy unpredictability and currency fluctuations. The surge in gold prices follows a […]

Business Industry

Tata’s ₹27,000 Crore Semiconductor Investment in Assam Highlights Northeast’s Growth Potential

By BPN News Desk April 8, 2025

At the News18 Rising Bharat Summit 2025, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, lauded Tata’s decision to invest ₹27,000 crore in establishing a semiconductor assembly and test facility in Assam. He noted that this investment not only underscores the region’s industrial potential but also aligns with the

Business Industry

Tata Group Plans $1.3 Billion Fundraise for BigBasket and 1mg

By BPN News Desk April 7, 2025

Tata Group is preparing a major fundraising initiative to inject $1.3 billion into its digital subsidiaries BigBasket and 1mg. The planned infusion of capital is aimed at accelerating growth and strengthening the conglomerate’s position in two high-potential sectors: quick commerce and digital healthcare. The group has roped in global investment banks to support the

Business Industry

Government’s Role in Fuel Pricing and Its Impact on the Energy Sector

By BPN News Desk April 5, 2025

The Indian government will continue intervening in domestic fuel pricing to protect consumers from global oil market volatility, according to the head of Reliance-BP’s fuel retail business. Despite past efforts to deregulate petrol and diesel—petrol in 2010 and diesel in 2014—recent global disruptions have led to renewed state control over prices at the pump. This […]

Business Industry

Reliance Industries to Invest ₹65,000 Crore in 500 Compressed Biogas Plants in Andhra Pradesh

By BPN News Desk April 4, 2025

Reliance Industries has announced a monumental investment of ₹65,000 crore to set up 500 compressed biogas (CBG) plants across Andhra Pradesh. The initiative will make use of around 500,000 acres of barren and waste land in districts such as Prakasam, Anantapur, Chittoor, and Kadapa. Once fully operational, the plants are expected to produce 4 million […]

Business Industry

Foxconn to Double iPhone Production in India, Boosting Apple’s Manufacturing Presence

By BPN News Desk March 31, 2025

Apple is significantly scaling up its manufacturing operations in India, with Foxconn, its key supplier, planning to produce between 25 to 30 million iPhones in the country this year. This marks a dramatic increase from the 12 million units produced last year, reflecting Apple’s growing commitment to India as a key manufacturing base. Foxconn India […]

Business Industry

German Chemical Firm to Invest $1.5 Billion in India

By BPN News Desk March 31, 2025

A leading German company from the chemical sector is set to invest $1.5 billion in India, Union Commerce and Industry Minister Piyush Goyal announced during the Kautilya Economic Conclave held in Delhi. While the name of the company has not been officially disclosed, the minister confirmed that the agreement has already been signed and that […]

Business Industry

India Approves ₹22,919 Crore PLI Scheme to Boost Non-Semiconductor Electronics Manufacturing

By BPN News Desk March 29, 2025

The Union Cabinet has approved a ₹22,919 crore Production-Linked Incentive (PLI) scheme to strengthen domestic manufacturing of non-semiconductor electronic components. This strategic initiative is aimed at reducing India’s import dependence and building a robust local ecosystem for critical components used in various electronic products. Investment, Jobs, and Output

Business Industry

MSMEs Express Concerns Over New GST Invoice Management System

By BPN News Desk March 28, 2025

The rollout of India’s new Invoice Management System (IMS) under the Goods and Services Tax (GST) regime has triggered alarm among Micro, Small, and Medium Enterprises (MSMEs), who fear significant operational and financial disruptions. While the new system is intended to improve tax transparency and streamline compliance, small businesses are grappling with a host of […]